MGI – Media and Games Invest SE Holds Annual General Meeting

On June 13, 2024, Media and Games Invest SE (Ticker: M8G) held its Annual General Meeting. Key resolutions included the adoption of financial statements, re-election of board members, and the election of Greg Coleman and Peter Huijboom as new board members. Deloitte Sweden AB was re-elected as the company's auditor.

Additionally, the meeting approved the establishment of LTIP 2024, which targets 50 key employees with the issuance of up to 4,750,000 new shares. It also resolved to change the company's name to Verve Group SE and authorized the board to issue shares, warrants, and convertibles.

The company decided not to pay a dividend for 2023 and to carry forward the year's result. The share capital will be reduced to EUR 1,592,493.58, with a new quota value of EUR 0.01 per share.